Sci Show: Excessive CEO-to-worker pay ratio (1) boosts company profits in the short but not long run, (2) may motivate employees to cheat and misbehave toward customers and (3) harms customer relationships. As companies have little incentive to reduce the pay ratio in the short run - regulation may be needed.

Monday, November 1, 2021

Excessive CEO-to-worker pay ratio (1) boosts company profits in the short but not long run, (2) may motivate employees to cheat and misbehave toward customers and (3) harms customer relationships. As companies have little incentive to reduce the pay ratio in the short run - regulation may be needed.

https://ift.tt/3CZheFF via /r/science https://ift.tt/3pSlxhP

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